22/38 Cooinda St, Eastern Heights is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 138m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
This very well presented 3 bedroom town house is returning a very solid $300 p/w income with long term tenants already in place plus an extra option on the lease to secure your investment.
Body corp. fees plus water levies approx. $63.62 p/w
Council rate. $27 p/w
Rent $300.00 p/w
Purchase price Offers over $240 000
Gross Yield 6.50% *
Property description:
3 good size bedrooms all with built in wardrobes
Ceiling fans to all bedrooms
Master bedroom has mirrored wardrobe doors with large ensuite and private deck
Main bathroom with shower over bath plus ensuite and separate toilet making 3 toilets in total.
The downstairs open plan living area is tiled plus air-conditioned.
Spacious modern kitchen with breakfast bar and stainless steel appliances including dishwasher, rangehood, stove and ceramic cook top with plenty of storage space and over heads cupboards in the kitchen.
Gas hot water system
Vertical drapes to all windows
Internal separate laundry and downstairs toilet.
Security Screens to all doors and windows down and fly screens to upstairs windows
Single remote garage with internal door to property
Private landscaped and fully fenced rear courtyard with covered entertainment area overlooking park lands
Security gated complex
The complex also offers a private Gymnasium, carwash bay a plenty of visitor's car parking.
Built approx. 2007
Watch your investment portfolio grow with excellent presentation to the Security gated complex complimented by lush landscaping, situated on a quiet street and backs on to a large park which is soon to be transformed into walking tracks and fitness equipment with BBQ's and street lighting. Walk to shops, transport and schools for tenants ease makes this a must, act now.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite Property Pty Ltd and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property Pty Ltd, its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
The size of Eastern Heights is approximately 1.7 square kilometres. It has 6 parks covering nearly 4.9% of total area. The population of Eastern Heights in 2016 was 3709 people. By 2021 the population was 3631 showing a population decline of 2.1% in the area during that time. The predominant age group in Eastern Heights is 50-59 years. Households in Eastern Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eastern Heights work in a professional occupation.In 2021, 66.80% of the homes in Eastern Heights were owner-occupied compared with 63.70% in 2016.
Eastern Heights has 1,659 properties. Over the last 5 years, Houses in Eastern Heights have seen a 153.23% increase in median value, while Units have seen a 136.99% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.